Dutch Bangla Bank

Dutch-Bangla Bank Limited
Public
Traded as DSE: DUTCHBANGL
Industry Banking
Founded Dhaka, Bangladesh (1995)
Headquarters Dhaka, Bangladesh
Key people
 M Sahabuddin Ahmed (founder chairman) and the Dutch company FMO
Products Banking services, ATM services, Consumer Banking
Corporate Banking
Investment Banking Mobile Banking
Number of employees
 1600
Slogan Your Trusted Partner
Website

Dutch-Bangla Bank Limited (the Bank, DBBL) is a bank in Bangladesh. DBBL is a scheduled joint venture commercial bank between local Bangladeshi parties by M Sahabuddin Ahmed (Founder & Chairman) and a Dutch company FMO. DBBL was established under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh with the primary objective to carry on all kinds of banking business in Bangladesh. DBBL commenced formal operation from June 3, 1996. The Bank is listed with the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.

The bank is often colloquially referred to as "DBBL", "Dutch Bangla" and "Dutch Bangla Bank". (DBBL.Limited )

Banking

A Dutch Bangla Bank branch in Banani.

After instability and frequent management changes in its initial years, DBBL overcame these obstacles to create growth since the year 2000.

ATM Network/DBBL Nexus participating banks

A DBBL Nexus ATM booth.

DBBL maintains its own network and automation. DBBL has over 870 ATM's installed all over Bangladesh, making it the largest network in Bangladesh.[1] On 10/10/10, DBBL inaugurated its 1000th ATM at the factory premises of the GlaxoSmithKline, Chittagong.

Internet payment

On 3 June 2010, Dutch Bangla Bank announced internet payments system. Using their Internet Payment Gateway merchants will be able to charge their customers' Visa, Masters, DBBL Nexus and Maestro cards. Presently DBBL has more than 200 of Frast Tracks and more than 2000 ATMs all over in Bangladesh[2]

Social work

Dutch Bangla Bank supports social work and is one of the largest private donors in Bangladesh. The bank donates towards social awareness programs, medical and educational fields. DBBL has the largest scholarship program in Bangladesh. In 2007, the bank won the Bangladesh Business Awards for being the 'Best Financial Institution' mainly for its commitment to technology and community service. In 2007 alone, DBBL donated BDT 220 million towards social causes.

Dutch-Bangla Bank Research Center

In 2008, DBBL announced a donation of Tk 100 million to fund the construction of a research center, "Dutch-Bangla Bank Research Centre for Advanced Research in Arts and Social Sciences" at the Dhaka University campus in Dhaka, Bangladesh.

Mobile banking

DBBL launched Bangladesh's first foray into mobile banking in July 2011.

References

  1. ↑ "DBBL branches to reach 79, ATMs 850 by yr-end". Financial Express. Retrieved 2 September 2009.
  2. ↑ DBBL Introduced Internet Payments in Bangladesh The HungryCoder's Blog
  1. "Dutch Bangla Bank official site". 
  2. "127 students get DBBL scholarships". The Daily Star. 
  3. "Dutch-Bangla Bank support to HIV positives". The Daily Star. 
  4. "Dutch Bangla Bank grants scholarships". The Daily Star. 
  5. "Tk 31 lakh Dutch-Bangla aid for acid, dowry victims". The Daily Star. 
  6. "Dutch-Bangla Bank distributes blankets". The Daily Star. 
  7. "Tk 4 crore Dutch-Bangla donation for Cancer Hospital". The Daily Star. 
  8. "Dutch-Bangla Bank stands by acid victims, divorcees". The Daily Star. 
  9. "Dutch-Bangla Bank distributes blankets". The Daily Star. 

External links

This article is issued from Wikipedia - version of the Friday, January 22, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.